The Union Cabinet approved a ?19,744 crore National Green Hydrogen mission that aims to make India a ‘global hub’ for using, producing and exporting green hydrogen.
What is green hydrogen?
Produced through electrolysis- Green hydrogen is when hydrogen is produced via electrolysis, the splitting of water into hydrogen and oxygen with electricity generated from renewable energy sources such as solar or wind.
Environmental Friendly-This is the most environmentally sustainable way of producing hydrogen.
Usage-Hydrogen is a key industrial fuel that has a variety of applications including the production of ammonia (a key fertilizer), steel, refineries and electricity.
What is the National Green Hydrogen Mission?
Objective- The intent of the mission is to incentivize the commercial production of green hydrogen and make India a net exporter of the fuel.
Target- The mission has laid out a target to develop green hydrogen production capacity of at least 5 MMT (Million Metric Tonne) per annum.
Outcome- This will entail the decarbonisation of the industrial, mobility and energy sectors; reducing dependence on imported fossil fuels and feedstock; developing indigenous manufacturing capabilities; creating employment opportunities; and developing new technologies such as efficient fuel cells.